Screen NMBank - New Mexico Direct Deposit and Electronic Funds Withdrawal (1120)

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Account Information

Suppress direct deposit of refund
Direct deposit is automatically selected for the return refund when the financial institution information has been entered in this screen. Enter
X
if you do not want to deposit the state refund directly into the client’s account.
Name of financial institution / … / Non-US financial institution
Financial institution information entered in the federal Bank Screen automatically transfers for direct deposit and electronic funds withdrawal. To use a different account for the New Mexico return, enter the financial institution information in this screen.
note
Account information from this section is used to generate the e-file "Electronic Funds Withdrawal" for balance due returns. To generate the e-file payment, enter a date in one of the
Requested payment date
fields in the NMELF Screen. If you do not want to generate the e-file payment, you do not have to remove the account information in this section. The e-file payment is only generated when one of the
Requested payment date
fields is completed in the NMELF Screen.

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